AI brief of an SEC Form 8-K · Newsmax Inc. (NMAX)

Newsmax FY2025 revenue rises 10.7% to $189.3 million; net loss widens to $99.5 million

Mixed Impact 3 of 5 earnings Written later

Newsmax reported record full-year 2025 revenue of $189.3 million, up 10.7%, and fourth-quarter revenue of $52.2 million, up 9.6%. The company also posted a full-year net loss of $99.5 million, driven largely by about $79 million in legal settlement expenses, and issued 2026 revenue guidance of $212 million to $216 million, which it says represents 13% growth at the midpoint.

Key points

  • FY2025 total revenue was $189.3 million, up 10.7% from $171.0 million in 2024.
  • FY2025 net loss was $99.5 million, versus $72.2 million in 2024, largely due to about $79 million in legal settlement expenses.
  • Q4 2025 net loss narrowed to $3.0 million from $6.9 million a year earlier; Q4 adjusted EBITDA was a $1.3 million loss.
  • 2026 full-year revenue guidance is $212 million to $216 million.

The filing

CompanyNewsmax Inc. (NMAX)
Form8-K, current report
Filed with the SECMar 26, 2026, 4:06 PM ET
Accession number0002026478-26-000024

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 26, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.